Bangor Savings Bank
Mortgage Loan Application
Totals and Details
for 2020
Find mortgage loan statistics, lending data, and loan application totals for Maine.
The mortgage statistics and data below are specific to mortgage loan applications for Bangor Savings Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | Bangor Savings Bank 19 Maine Avenue Bangor, ME 04401 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 10,294 |
| Total Mortgage Loan Application Amount | $2,391,280,000 |
| Average Mortgage Loan Application Amount | $188,000 |
| Highest Mortgage Loan Application Amount | $16,005,000 |
| Average Applicant Income | $109,166 |
| Highest Applicant Income | $4,440,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in ME, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cumberland County Maine | 2,179 | $ 588,985,000 | $ 270,000 | $ 141,000 |
| Penobscot County Maine | 1,652 | $ 254,320,000 | $ 153,000 | $ 109,000 |
| York County Maine | 885 | $ 217,565,000 | $ 245,000 | $ 133,000 |
| Middlesex County Massachusetts | 485 | $ 220,195,000 | $ 454,000 | $ 186,000 |
| Essex County Massachusetts | 465 | $ 187,585,000 | $ 403,000 | $ 160,000 |
| Waldo County Maine | 463 | $ 66,005,000 | $ 142,000 | $ 100,000 |
| Kennebec County Maine | 411 | $ 63,175,000 | $ 153,000 | $ 91,000 |
| Hancock County Maine | 362 | $ 68,700,000 | $ 189,000 | $ 126,000 |
| Somerset County Maine | 354 | $ 41,920,000 | $ 118,000 | $ 91,000 |
| Knox County Maine | 323 | $ 66,135,000 | $ 204,000 | $ 132,000 |
| Androscoggin County Maine | 284 | $ 49,700,000 | $ 175,000 | $ 101,000 |
| Rockingham County New Hampshire | 241 | $ 74,525,000 | $ 309,000 | $ 154,000 |
| Franklin County Maine | 226 | $ 35,470,000 | $ 156,000 | $ 114,000 |
| Piscataquis County Maine | 197 | $ 23,325,000 | $ 118,000 | $ 100,000 |
| Oxford County Maine | 191 | $ 29,445,000 | $ 154,000 | $ 113,000 |
| Washington County Maine | 188 | $ 23,740,000 | $ 126,000 | $ 94,000 |
| Hillsborough County New Hampshire | 146 | $ 38,750,000 | $ 265,000 | $ 129,000 |
| Sagadahoc County Maine | 139 | $ 27,765,000 | $ 199,000 | $ 121,000 |
| Worcester County Massachusetts | 127 | $ 46,035,000 | $ 362,000 | $ 157,000 |
| Lincoln County Maine | 108 | $ 23,080,000 | $ 213,000 | $ 126,000 |
| Norfolk County Massachusetts | 108 | $ 49,970,000 | $ 462,000 | $ 191,000 |
| Suffolk County Massachusetts | 93 | $ 42,345,000 | $ 455,000 | $ 180,000 |
| Aroostook County Maine | 91 | $ 9,145,000 | $ 100,000 | $ 92,000 |
| Coos County New Hampshire | 81 | $ 10,465,000 | $ 129,000 | $ 110,000 |
| Strafford County New Hampshire | 75 | $ 17,615,000 | $ 234,000 | $ 123,000 |
| Merrimack County New Hampshire | 71 | $ 15,605,000 | $ 219,000 | $ 111,000 |
| Plymouth County Massachusetts | 63 | $ 25,115,000 | $ 398,000 | $ 212,000 |
| Carroll County New Hampshire | 45 | $ 8,605,000 | $ 191,000 | $ 171,000 |
| Barnstable County Massachusetts | 41 | $ 17,805,000 | $ 434,000 | $ 239,000 |
| Belknap County New Hampshire | 32 | $ 6,360,000 | $ 198,000 | $ 207,000 |
| Grafton County New Hampshire | 28 | $ 5,590,000 | $ 199,000 | $ 171,000 |
| Bristol County Massachusetts | 18 | $ 5,430,000 | $ 301,000 | $ 145,000 |
| Essex County Vermont | 16 | $ 1,360,000 | $ 85,000 | $ 103,000 |
| Lee County Florida | 7 | $ 1,565,000 | $ 223,000 | $ 158,000 |
| Sarasota County Florida | 6 | $ 1,340,000 | $ 223,000 | $ 148,000 |
| Manatee County Florida | 4 | $ 840,000 | $ 210,000 | $ 287,000 |
| Pinellas County Florida | 4 | $ 800,000 | $ 200,000 | $ 221,000 |
| Berkshire County Massachusetts | 4 | $ 1,160,000 | $ 290,000 | $ 251,000 |
| Dukes County Massachusetts | 4 | $ 2,530,000 | $ 632,000 | $ 293,000 |
| Lamoille County Vermont | 4 | $ 1,810,000 | $ 452,000 | $ 599,000 |
| Broward County Florida | 3 | $ 565,000 | $ 188,000 | $ 975,000 |
| Charlotte County Florida | 3 | $ 695,000 | $ 231,000 | $ 153,000 |
| Flagler County Florida | 3 | $ 485,000 | $ 161,000 | $ 107,000 |
| Martin County Florida | 3 | $ 745,000 | $ 248,000 | $ 71,000 |
| St. Lucie County Florida | 3 | $ 695,000 | $ 231,000 | $ 106,000 |
| Sumter County Florida | 3 | $ 505,000 | $ 168,000 | $ 93,000 |
| Nantucket County Massachusetts | 3 | $ 3,385,000 | $ 1,128,000 | $ 828,000 |
| Cheshire County New Hampshire | 3 | $ 465,000 | $ 155,000 | $ 114,000 |
| Sullivan County New Hampshire | 3 | $ 755,000 | $ 251,000 | $ 102,000 |
| Chittenden County Vermont | 3 | $ 595,000 | $ 198,000 | $ 70,000 |
| Windham County Vermont | 3 | $ 755,000 | $ 251,000 | $ 249,000 |
| Clay County Florida | 2 | $ 700,000 | $ 350,000 | $ 164,000 |
| Hernando County Florida | 2 | $ 570,000 | $ 285,000 | $ 71,000 |
| Orange County Florida | 2 | $ 360,000 | $ 180,000 | $ 109,000 |
| Osceola County Florida | 2 | $ 210,000 | $ 105,000 | $ 193,000 |
| Hampden County Massachusetts | 2 | $ 360,000 | $ 180,000 | $ 128,000 |
| Hampshire County Massachusetts | 2 | $ 570,000 | $ 285,000 | $ 391,000 |
| Brunswick County North Carolina | 2 | $ 570,000 | $ 285,000 | $ 140,000 |
| Wake County North Carolina | 2 | $ 780,000 | $ 390,000 | $ 152,000 |
| Beaufort County South Carolina | 2 | $ 1,160,000 | $ 580,000 | $ 130,000 |
| Caledonia County Vermont | 2 | $ 330,000 | $ 165,000 | $ 99,000 |
| Windsor County Vermont | 2 | $ 310,000 | $ 155,000 | $ 149,000 |
| Alachua County Florida | 1 | $ 125,000 | $ 125,000 | $ 108,000 |
| Brevard County Florida | 1 | $ 125,000 | $ 125,000 | $ 98,000 |
| Hillsborough County Florida | 1 | $ 255,000 | $ 255,000 | $ 130,000 |
| Indian River County Florida | 1 | $ 485,000 | $ 485,000 | $ 254,000 |
| Lake County Florida | 1 | $ 435,000 | $ 435,000 | $ 171,000 |
| Marion County Florida | 1 | $ 45,000 | $ 45,000 | $ 61,000 |
| Palm Beach County Florida | 1 | $ 225,000 | $ 225,000 | $ 261,000 |
| Pasco County Florida | 1 | $ 135,000 | $ 135,000 | $ 134,000 |
| Seminole County Florida | 1 | $ 165,000 | $ 165,000 | $ 40,000 |
| Volusia County Florida | 1 | $ 385,000 | $ 385,000 | $ 105,000 |
| Franklin County Massachusetts | 1 | $ 175,000 | $ 175,000 | $ 175,000 |
| Johnston County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 125,000 |
| Mecklenburg County North Carolina | 1 | $ 395,000 | $ 395,000 | $ 133,000 |
| Rowan County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 123,000 |
| Dorchester County South Carolina | 1 | $ 15,000 | $ 15,000 | $ 44,000 |
| Bennington County Vermont | 1 | $ 265,000 | $ 265,000 | $ 93,000 |
| Grand Isle County Vermont | 1 | $ 155,000 | $ 155,000 | $ 141,000 |
| Washington County Vermont | 1 | $ 95,000 | $ 95,000 | $ 43,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Maine,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Bangor Savings Bank in 2020
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 4,149 | $1,016,495,000 | $244,000 | $16,005,000 | $133,000 | $1,544,000 |
| Home Purchase | 3,126 | $846,620,000 | $270,000 | $12,505,000 | $125,000 | $2,197,000 |
| Cash-out Refinancing | 1,418 | $376,210,000 | $265,000 | $1,445,000 | $122,000 | $1,624,000 |
| Home Improvement | 1,155 | $102,655,000 | $88,000 | $1,005,000 | $140,000 | $4,440,000 |
| Other Purpose | 383 | $39,255,000 | $102,000 | $695,000 | $135,000 | $2,110,000 |
| Not Applicable | 63 | $10,045,000 | $159,000 | $465,000 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 8,595 | $1,903,035,000 | $221,000 | $12,505,000 | $128,000 | $4,440,000 |
| Not Provided | 1,008 | $237,930,000 | $236,000 | $2,415,000 | $142,000 | $1,624,000 |
| Not applicable | 257 | $115,345,000 | $448,000 | $16,005,000 | $534,000 | $534,000 |
| Asian | 228 | $87,400,000 | $383,000 | $1,255,000 | $172,000 | $1,956,000 |
| Hispanic | 97 | $24,455,000 | $252,000 | $855,000 | $113,000 | $550,000 |
| Black or African American | 53 | $11,835,000 | $223,000 | $965,000 | $114,000 | $376,000 |
| American Indian or Alaskan Native | 45 | $8,525,000 | $189,000 | $945,000 | $104,000 | $525,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $1,575,000 | $315,000 | $525,000 | $191,000 | $493,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 9,818 | $2,298,720,000 | $234,000 | $16,005,000 | $133,000 | $4,440,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 200 | $28,720,000 | $143,000 | $345,000 | $46,000 | $96,000 |
| FHA-insured (Federal Housing Administration) | 148 | $31,930,000 | $215,000 | $595,000 | $66,000 | $206,000 |
| VA-guaranteed (Veterans Administration) | 128 | $31,910,000 | $249,000 | $1,525,000 | $81,000 | $255,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 7,835 | $1,844,655,000 | $235,000 | $16,005,000 | $134,000 | $4,440,000 |
| Application Denied By Financial Institution | 1,322 | $248,100,000 | $187,000 | $12,505,000 | $99,000 | $2,110,000 |
| Application Withdrawn By Applicant | 1,023 | $276,835,000 | $270,000 | $11,505,000 | $135,000 | $1,484,000 |
| Loan Purchased By The Institution | 66 | $11,670,000 | $176,000 | $1,035,000 | $534,000 | $534,000 |
| Application Approved But Not Accepted | 47 | $9,745,000 | $207,000 | $925,000 | $122,000 | $625,000 |
| File Closed For Incompleteness | 1 | $275,000 | $275,000 | $275,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not applicable | 8,972 | $2,143,180,000 | $238,000 | $16,005,000 | $134,000 | $4,440,000 |
| Debt-To-Income Ratio | 446 | $85,940,000 | $192,000 | $1,505,000 | $73,000 | $943,000 |
| Credit History | 388 | $49,440,000 | $127,000 | $945,000 | $88,000 | $1,080,000 |
| Other | 189 | $45,455,000 | $240,000 | $12,505,000 | $130,000 | $1,956,000 |
| Collateral | 155 | $26,825,000 | $173,000 | $705,000 | $140,000 | $2,110,000 |
| Credit Application Incomplete | 115 | $34,295,000 | $298,000 | $945,000 | $133,000 | $851,000 |
| Employment History | 11 | $1,555,000 | $141,000 | $275,000 | $34,000 | $130,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $1,145,000 | $127,000 | $325,000 | $97,000 | $330,000 |
| Unverifiable Information | 9 | $3,445,000 | $382,000 | $1,505,000 | $124,000 | $459,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in ME, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Maine, and search similar information at your convenience.